Win Win situation for TBT. T-Bills will sell off in both situations. Debt problem, ratings lower, tbills will sell off, or at the most not move. Debt ceiling passed, stocks rally, t-bills sell off as stocks take off. That is sound logic.
tbt will go up when the inflation necessary to raise home prices kicks in. until that happens, there will be no real recovery. the trick is, how do we acknowledge inflation without raising mortgage rates? the trillion spent on unions and healthcare could have been used to try to solve that dilemma, but dems have wanted socialized healthcare for so long they couldn't let the crisis go to waste